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Moshe Biton Acquires Multifamily Asset At 101 Southeast 9th Street For $3.2M

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SOLD
$3,200,000

Florida

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MultiFamily10,044 SF
Sold 06/20/2025
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SOLD

Moshe Biton Acquires Multifamily Asset At 101 Southeast 9th Street For $3.2M

101 Southeast 9th Street

See Similar Deals
MultiFamily10,044 SF
Sold 06/20/2025
Contact now

Summary

FLORIDA
Asset Type:MultiFamily
Price Per Square Foot:$318
Total Square Footage:10,044 SF
Transaction Type:Sale

This transaction involved a multifamily asset located at 101 Southeast 9th Street in Hallandale Beach. The property consists of 15 units and spans a total area of 10,044 square feet, with a price per unit of $213,333 and a price per square foot of $318. The sale price was $3,200,000.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $3,200,000
  • Units: 15
  • Square Feet: 10,044
  • Price Per Unit: $213,333
  • Price Per Square Foot: $318
  • Buyer: Moshe Biton
  • Seller: Elaine C Ojeda
  • Broker: Moshe Biton - Capital Group Realty

Moshe Biton represented the buyer in this transaction. Capital Group Realty, the firm he leads, specializes in exclusive, off-market commercial deals, boasting deep market knowledge, a powerful private network, and a strong track record across South Florida.

Players

Moshe Biton
16 deals$155.1M volume(954) 228-4928
BROKER

Capital Group Realty
BROKERAGE

Moshe Biton
Capital Group Realty
16 deals$155.1M volume
BUYER

Details

SOLD
IMAGE: Moshe Biton DATE: 6/20/2025 ADDRESS: 101 Southeast 9th Street MARKET: Hallandale Beach ASSET TYPE: Multifamily BUYER: Moshe Biton SELLER: Elaine C Ojeda BROKER: Moshe Biton (@cgrusa_) - Capital Group Realty SALE PRICE: $3,200,000 UNITS: 15 ~ PPU: $213,333 SF: 10,044 ~ PPSF: $318 NOTE FROM BUYER'S REP: Capital Group Realty is a boutique firm focused on exclusive, off-market commercial deals. Led by Moshe Biton, CGR offers: ✅ Deep market knowledge ✅ A powerful private network ✅ A strong track record across SoFlo Looking for hidden gems or strategic acquisitions? Let’s talk. Contact: Moshe Biton ✉️ [email protected] 📞 954.608.7008 🌐 www.CGRUSA.com

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$170,666.66

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$11,368.93
Cash-on-Cash Return-1.27%
Monthly Debt Service$15,169.63
Annual Debt Service$182,035.59